hspotman Posted October 11, 2010 Report Share Posted October 11, 2010 So in other words...the RV won't happen til about a year or so from now, right? I think most are thinking this weekend for RV, and I "think" Scooter meant a year from now for all the bills to be turned in??? I could be wrong......usually am Link to comment Share on other sites More sharing options...
machcobra Posted October 11, 2010 Report Share Posted October 11, 2010 you may want to read a bit closer! So in other words...the RV won't happen til about a year or so from now, right? 2 2 Link to comment Share on other sites More sharing options...
tjfoz Posted October 11, 2010 Report Share Posted October 11, 2010 I think most are thinking this weekend for RV, and I "think" Scooter meant a year from now for all the bills to be turned in??? I could be wrong......usually am he means the process of transition to the new currency will take a year to take old bills out of circulation Link to comment Share on other sites More sharing options...
MrRich Posted October 11, 2010 Report Share Posted October 11, 2010 So in other words...the RV won't happen til about a year or so from now, right? Wrong! The introduction of the new currency and the phasing out of the old is what Scooter is referring to. The RV is when the process begins and that could happen this week. 6:45 AM [scooter] Nevertheless ---- the zeros will slowly be replaced and the central bank and government will deploy their new cpi 6:45 AM [scooter] Consumer price index 6:46 AM [scooter] Based on the smaller denoms that will be distributed via those brand new cash machines at those banks 6:46 AM [scooter] This process will take a year 6:47 AM [scooter] And the amount will move from the 25 trillion just mentioned to the 15 billion which is the target 4 Link to comment Share on other sites More sharing options...
GaJanie Posted October 11, 2010 Report Share Posted October 11, 2010 Thank you PVS and Scooter. I admit I was getting nervous. This helps tremendously. Link to comment Share on other sites More sharing options...
cplinedrive Posted October 11, 2010 Report Share Posted October 11, 2010 WOW.....can't get much easier than that to understand it........Thanks Scooter! Link to comment Share on other sites More sharing options...
mi17mech Posted October 11, 2010 Report Share Posted October 11, 2010 Thanks Scooter. I just hope you are right. GO RV Link to comment Share on other sites More sharing options...
MovieMaker Posted October 11, 2010 Report Share Posted October 11, 2010 Super! Link to comment Share on other sites More sharing options...
Linda Posted October 11, 2010 Report Share Posted October 11, 2010 Thanks PVS and Scooter....appreciate all you do...God Bless.. Link to comment Share on other sites More sharing options...
Kimjackie Posted October 11, 2010 Report Share Posted October 11, 2010 (edited) Thanks for the posting but my husband and I still cannot wrap our brain around the math. We have tried to see the good in this but keep coming up with the fact that everything is going to have the zeros dropped. To use an example, food--a loaf of bread was 25,000 now only 25 and so on and so on. If this happens then they wont need to RV. If they do RV at $3 lets say then our 25,000 note is now a 25 note and its worth $75. We must be missing something. Everyone seems to be so excited and we want in on the same excitement so please can someone explain it so our brain can decipher it better? I guess we need to go back to junior high . Thanks for NOT bashing, we cannot help it if we are not great math students. Edited October 11, 2010 by Kimjackie 3 1 Link to comment Share on other sites More sharing options...
ha ha Posted October 11, 2010 Report Share Posted October 11, 2010 Scooter,Scooter, Scooter Thanks Scooter, Viper, and Phinex for what you guys have contributed to educate those cynicisms among us. Thanks PVS 1 Link to comment Share on other sites More sharing options...
Carlym Posted October 11, 2010 Report Share Posted October 11, 2010 Thanks for the posting but my husband and I still cannot wrap our brain around the math. We have tried to see the good in this but keep coming up with the fact that everything is going to have the zeros dropped. To use an example, food--a loaf of bread was 25,000 now only 25 and so on and so on. If this happens then they wont need to RV. If they do RV at $3 lets say then our 25,000 note is now a 25 note and its worth $75. We must be missing something. Everyone seems to be so excited and we want in on the same excitement so please can someone explain it so our brain can decipher it better? I guess we need to go back to junior high . Thanks for NOT bashing, we cannot help it if we are not great math students. The way I understand it, if you were to take your $25,000 note to the bank in Iraq, they would hand you 1,000 $25 notes. That is how they will get the big bills out of circulation. Now, the RV of the currency is something different altogether, but will happen at the same time, or so it is speculated. Yes?? No?? Anyone? 3 Link to comment Share on other sites More sharing options...
retminded Posted October 11, 2010 Report Share Posted October 11, 2010 Thank you Pleasant for another great post Thank you SCOOTER! You are truly THE man! C'mon... Let's RV already ~ I have things to DO ~ Places to BE ~ and people to BLESS! Thank You GOD. ----------------------------------- Nice reply FloridaChic, and thanks PVS and Scoot for the explanation; that is the way i understood this from the start.....thanks for all the input All have a blessed day ret 2 Link to comment Share on other sites More sharing options...
ExecConsult Posted October 11, 2010 Report Share Posted October 11, 2010 (edited) Thanks Scooter. I just hope you are right. GO RV I am new to this so I have some very fundamental questions. Why does Scooter seem like he has inside information? Who is he? Why do we even believe Scooter? Is it just because it sounds plausible and he says it like he knows OR is it because he REALLY knows? Edited October 11, 2010 by ExecConsult 1 1 Link to comment Share on other sites More sharing options...
GoBabyGo Posted October 11, 2010 Report Share Posted October 11, 2010 Thanks very much for the post. I appreciate the clarification on the removal of the zeros on the larger bills...I was starting to get nervous, all of our dinars are 25K bills! WHEW! Thanks again for all of your hard work and dedication to this site and the dinar family Link to comment Share on other sites More sharing options...
getrdone Posted October 11, 2010 Report Share Posted October 11, 2010 I am new to this so I have some very fundamental questions. Why does Scooter seem like he has inside information? Who is he? Why do we even believe Scooter? Is it just because it sounds plausible and he says it like he knows OR is it because he REALLY knows? ExecConsult - Welcome to DV - Scooter is one of a few people who have the rest of us listening when he posts because he does a ton of research before he puts anything out. He doesn't make stupid predictions about date / rate, etc. he just gives us solid, up to date info. I hope this helps. 2 Link to comment Share on other sites More sharing options...
Bobbydee Posted October 11, 2010 Report Share Posted October 11, 2010 Right on Scooter. Go RV. Thanks PVS for the post. God Bless Semper Fi Link to comment Share on other sites More sharing options...
JugDawg1 Posted October 11, 2010 Report Share Posted October 11, 2010 (edited) I am new to this so I have some very fundamental questions. Why does Scooter seem like he has inside information? Who is he? Why do we even believe Scooter? Is it just because it sounds plausible and he says it like he knows OR is it because he REALLY knows? To quote Butch and Sundance, "Who ARE those guys" Bottom line is, guys like Scooter, Phoenix, Viper and a few others are people we trust. That's it in a nutshell. If this is a hard pill to swallow, bash em and see what happens. Muwahahahahahahaha!!!!!!!! Oh yea, PVS, thank you mah dear. (a wink is as good as a nod) Edited October 11, 2010 by JugDawg1 Link to comment Share on other sites More sharing options...
army03 Posted October 11, 2010 Report Share Posted October 11, 2010 Thanks Scooter for everything...Go RV Link to comment Share on other sites More sharing options...
firstrate Posted October 11, 2010 Report Share Posted October 11, 2010 There is some misunderstanding about removing the zeros. 1. Some are thinking $25,000 less 3 zeros = $25 2. Others are thinking 1 IQD = .0008547 USD. .0008547 less 3 zeros = .8547USD = 1 IQD. This seems to be confusing. I'm thinking it's #2 I'm wishing it's more like 1 to 1 but .85 to 1 would not be so bad. 3.42 to 1 would just be out of sight!! Any other thoughts here? 1 Link to comment Share on other sites More sharing options...
dlbfilm Posted October 11, 2010 Report Share Posted October 11, 2010 Thanks Scooter..... your the man.... 1 Link to comment Share on other sites More sharing options...
Jac Posted October 11, 2010 Report Share Posted October 11, 2010 Thank you, PleasantvalleySunday, for posting this chat! Thank you, Scooter, for providing - once more - an explanatory guideline in times of so much confusion! Scooter and others have told us - ahead of time - about the last days prior to the major event (RV). Let not your hearts be troubled. Be confident! Since we cannot 'go' to RV, RV is coming to us! May the Lord grant patience, blessings, wisdom and gratitude to each one of us! - Barboza Thank you, Scoot. And you Barboza, thank you for your amazing words. Blessings to you as well. 1 Link to comment Share on other sites More sharing options...
frankc Posted October 11, 2010 Report Share Posted October 11, 2010 Thanks Scooter. You are a very patient man and have done your homework. GO RV !!!! Link to comment Share on other sites More sharing options...
hopeful1 Posted October 11, 2010 Report Share Posted October 11, 2010 Thanks Scooter for the great explanation. Link to comment Share on other sites More sharing options...
keepmwlknfny Posted October 11, 2010 Report Share Posted October 11, 2010 Thanks for the chat. So, the RV is how it will start. The RV needs to happen before anything else can fall into place as a whole for the country and it's master plan. It would, in essence, take on a domino effect, right? With the RV being the catalyst, many other things of political and financial nature should then be jumpstarted...right? It's basically the green light that will tell the country to "go". Am I getting it...or? ~DinarServed! You are correct princess.......how did you get soooo smart??? 1 Link to comment Share on other sites More sharing options...
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